Balwin to cut back marketing to buoy prices
The group says demand for lifestyle apartments remains strong, but is worried about the coronavirus fallout
18 March 2020 - 09:46
SA’s largest sectional title developer Balwin properties said it is paring back marketing due to the weak economy, explaining that its campaigns in its year to end-February had driven sales, but put pressure on selling prices.
The group said it continued to see strong demand for its apartments, but was wary over SA’s weak economic prospects, and concerned about the implications of the coronavirus outbreak...
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